NOT LISTED FOR SALE

576 Bahia Cir Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $114,000 - $142,000

2 Beds
1.5 Baths
1,031 Sq Ft
$241/mo HOA Fee

Last Sold August 21, 2023

Last sale price $105,000 $102 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $991/month

20 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • East Facing Home
  • Living Room
  • Ceiling Fan
  • Carpet

About This Home

As of August 2023

This 2-bedroom, 1.5-bathroom condo situated in the Fairways at Silver Springs Shores offers a prime investment opportunity, perfect for both homeowners looking for an easy fixer-upper at a great price and investors seeking a potential rental property or light flip.

This upstairs residence features a Jack & Jill bath plus another half-bath, plenty of closet storage space with a walk-in closet in the master bedroom, washer/dryer hookups inside the unit, a screened porch, and a spacious layout that is just waiting for the right updates to maximize its potential. To ensure the best return on investment, some light cosmetic updates such as paint and flooring will be required.

The association fees for the property are $241.18 per month. These fees cover exterior building maintenance, building insurance, common area maintenance, trash service, basic cable, and access to the community pool.

Nestled close to shopping centers and the Silver Spring Shores Golf & Country Club, this condo offers an excellent location that is sure to attract a wide range of potential renters or buyers. But dont delay, units in this complex are frequently going pending at significantly higher prices!

Last Agent to Sell the Property

Norman Domingo

XREALTY.NET LLC Brokerage Phone: 888-838-9044 License #3321544 Listed on: 07/01/2023

Last Buyer's Agent

Miguel Nieves Cruz

GLOBALWIDE REALTY LLC License #3523924

GLOBALWIDE REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $765

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $241 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,031 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Greenway Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Fairways/Silver Spgs Shores Co Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$765

Year Built

Built in 1972

Lot Details

0

HOA Fees

$241 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1031
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 1187
  • Lot Size Sq Ft: 543
  • Directions to Property: From SE Maricamp Rd, head NE on Oak Rd, then left/NW on Silver Rd, then right/NW on Bahia Cir. The property is on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 0
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 167942371
  • RATIO Current Price By Calculate: 101.84
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 576
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 95.78
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0735D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 241.18
  • Association Fee Frequency: Monthly
  • Association Name: N/A
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: N/A
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 2894.16
  • Total Monthly Fees: 241.18
  • Monthly HOA Amount: 241.18

Schools

  • Elementary School: Greenway Elementary School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 90494-19-203
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 50

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 765
  • Tax Block: 0
  • Tax Book Number: J-425
  • Tax Lot: 203C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Aug 21, 2023
Sold by
Massiah Wendy Suzanne
Bought by
Lamkins Jeffrey
Seller's Agent
Norman Domingo
XREALTY.NET LLC
Buyer's Agent
Miguel Nieves Cruz
GLOBALWIDE REALTY LLC
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Views
199
Current Estimated Value
$125,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,248
Avg. Annual Appreciation
8.32%
Original Mortgage
$10,000
Outstanding Balance
$9,849
Interest Rate
6.81%
Estimated Equity
$113,262

Purchase Details

Listed on
Feb 16, 2017
Closed on
May 24, 2017
Sold by
Florida Properties Of Ocala Llc
Bought by
Massiah Wendy
Seller's Agent
Robert Beck
PREFERRED PROPERTIES OF CEN/FL
Buyer's Agent
Amy McBride
PLATINUM HOMES AND LAND REALTY
List Price
$49,900
Sold Price
$45,900
Premium/Discount to List
-$4,000
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Ellis Christopher B and Ellis Brittany
Bought by
Johnson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 8, 2002
Sold by
Wilson Craig
Bought by
Rivera Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,910
Interest Rate
5.62%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamkins Jeffrey $105,000 Orlando Title Professionals
Massiah Wendy $45,900 Stewart Title Co
Johnson Michelle $94,900 Affiliated Title
Rivera Noemi -- Safetitle Company
Rivera Noemi $39,000 Safetitle Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamkins Jeffrey $10,000
Open Lamkins Jeffrey $99,750
Previous Owner Massiah Wendy Suzanne $45,000
Previous Owner Johnson Michelle $31,500
Previous Owner Rivera Noemi $35,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $105,000 +0.1% $102 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $104,900 -4.5% $102 / Sq Ft
07/01/2023 07/01/23 For Sale $109,900 +139.4% $107 / Sq Ft
05/24/2017 05/24/17 Sold $45,900 -8.0% $45 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $49,900 -- $48 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $800 $51,440 $0 $0
2022 $791 $49,942 $0 $0
2021 $777 $48,487 $0 $0
2020 $767 $47,818 $15,000 $32,818
2019 $1,077 $43,367 $1,764 $41,603
2018 $931 $32,253 $1,764 $30,489
2017 $918 $31,502 $1,765 $29,737
2016 $872 $29,871 $0 $0
2015 $835 $27,909 $0 $0
2014 $775 $25,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Norman Domingo

    XREALTY.NET LLC

    (888) 838-9044

    1 in this area

    1,378 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Miguel Nieves Cruz

    GLOBALWIDE REALTY LLC

    (352) 456-9788

    3 in this area

    6 Total Sales

    Section Image
  • Robert Beck

    Seller's Agent in 2017

    Robert Beck

    PREFERRED PROPERTIES OF CEN/FL

    (352) 875-7047

    12 in this area

    74 Total Sales

    Section Image
  • Amy McBride

    Buyer's Agent in 2017

    Amy McBride

    PLATINUM HOMES AND LAND REALTY

    (352) 361-7079

    2 in this area

    19 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: O6123273

Stellar MLS

APN: 90494-19-203

Florida Marion County Ocala 34472 Silver Spring Shores

576 Bahia Cir Unit B, Ocala, FL

This home is located at 576 Bahia Cir Unit B, Ocala, FL 34472 since 01 July 2023 and is currently estimated at $125,248, approximately $121 per square foot. This property was built in 1972. 576 Bahia Cir Unit B is a home located in Marion County with nearby schools including Greenway Elementary School, Lake Weir Middle School, and Lake Weir High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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